Workflow
Elon Musk says Tesla shareholders voting yes for his $56 billion pay package: ‘Thanks for your support!'
TeslaTesla(US:TSLA) New York Post·2024-06-13 05:34

Tesla shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker’s legal home to Texas, Musk said on social media platform X on Wednesday, adding that passage was by wide margins.A yes vote gives the electric carmaker more ammunition in a Delaware court, where a judge voided the 2018 pay package plan, which at the time was the largest in US corporate history, saying the board was “beholden” to CEO Musk.It also marks a massive win for Musk and the board, ...